SASS & LARSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About SASS & LARSEN ApS
SASS & LARSEN ApS (CVR number: 10738040) is a company from GREVE. The company recorded a gross profit of -173 kDKK in 2023. The operating profit was -173 kDKK, while net earnings were -14.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -277.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -98.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. SASS & LARSEN ApS's liquidity measured by quick ratio was 68.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 333.31 | -1 632.36 | 100.33 | - 129.15 | - 172.97 |
EBIT | - 333.31 | -1 632.36 | 100.33 | - 129.15 | - 172.97 |
Net earnings | -53 282.90 | 19 550.56 | 2 684.45 | -61 178.65 | -14 636.15 |
Shareholders equity total | -58 885.00 | -39 334.44 | -36 649.99 | -97 828.64 | - 112 464.79 |
Balance sheet total (assets) | 24 175.23 | 47 942.06 | 66 105.68 | 9 124.03 | 1 418.95 |
Net debt | -13 246.65 | -6 685.38 | -19 323.61 | 40 251.71 | 52 374.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.7 % | 30.9 % | 7.0 % | 7.1 % | -0.2 % |
ROE | -99.9 % | 54.2 % | 4.7 % | -162.6 % | -277.6 % |
ROI | 66.6 % | 55.6 % | 7.1 % | 9.9 % | -0.3 % |
Economic value added (EVA) | 4 092.61 | 2 540.15 | 4 485.97 | 5 034.72 | 5 207.27 |
Solvency | |||||
Equity ratio | -70.9 % | -45.1 % | -35.7 % | -91.5 % | -98.8 % |
Gearing | -14.5 % | -104.9 % | -127.6 % | -50.3 % | -46.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 39.3 | 3 793.3 | 488.8 | 68.9 |
Current ratio | 0.3 | 39.3 | 3 793.3 | 488.8 | 68.9 |
Cash and cash equivalents | 21 800.56 | 47 942.06 | 66 105.68 | 8 938.49 | 9.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | B | B |
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